Last Update: 10/26 2020 12:00 JST

Business and Economy

Selected stories from Japan's leading economic news service

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This section provides selected stories from Nikkei Asian Review, a subscription-based English news service of Nikkei, Inc. Please click on the above logo to find more details.

  • Hoshino Resorts to open hotel in China 10.14.2020

    Japanese hospitality group Hoshino Resorts announced that it will launch hotel operations in China in the spring of 2021, as the global economy recovers from the coronavirus and travel begins to surge.>>

  • BentallGreenOak to invest up to $10bn in Japan real estate 10.13.2020

    Canadian investor BentallGreenOak plans to invest up to $10 billion in Japan during the next two to three years as it expects high returns from a market that has been less roiled by the pandemic than the U.S. and Europe.>>

  • Prince Hotels opens first $100-per-night site in Tokyo 10.09.2020

    Japan's Prince Hotels opened the first location in a new chain offering the hospitality brand's lowest room rates. The Prince Smart Inn Ebisu in Tokyo's Shibuya district features a contactless check-in by smartphone and average daily rates of around 10,000 yen [$94].>>

  • US fund injects $539mn in embattled Japanese builder Leopalace21 10.01.2020

    U.S. investment fund Fortress Investment Group will invest around $539 million to turn around the fortunes of Leopalace21, a struggling Tokyo-based property developer reeling from revelations that thousands of apartment buildings it constructed do not comply with building standards.>>

  • Tokyo developers give office towers post-pandemic makeovers 09.24.2020

    Three building projects underway around Tokyo Station offer visions for how workplaces can adapt to life amid the coronavirus pandemic -- a critical question for developers as the rise in remote work raises questions about the future of the office.>>

  • Asia-focused PAG to invest up to $8bn in Japan real estate 09.18.2020

    The Asia-focused private equity firm PAG will invest up to 840 billion yen [$8 billion] in Japanese real estate over the next four years, Nikkei has learned.>>

  • Foreign casino operators fault uncertain rules for Japan pullout 09.07.2020

    Multiple foreign casino operators are canceling or putting on hold plans to enter Japan, moves that underscore grimmer prospects for a market that many industry insiders once thought might become the world's No. 2 casino destination after Macao.>>

  • Hotel Okura to expand into China's Chengdu in 2022 09.01.2020

    The owner of the iconic Okura Tokyo hotel plans to open a new location in Chengdu, China, in 2022 to capture demand from a fast-developing area.>>

  • Japan's smaller companies prove more resilient to COVID-19 08.27.2020

    It appears the percentage of small-to-medium-sized companies forced to suspend operations or discontinue their business in Japan amid the novel coronavirus pandemic has remained smaller compared to that in many other countries.>>

  • Bottom falls out of land prices in virus-hit urban Japan 08.25.2020

    Ginza 4-chome, the famous plot in front of 128-year-old musical instrument store Yamano Music, saw land prices dip up to 3% in the latest government survey. The most expensive real estate in the country was one of 38 districts where prices fell -- up from just four in the previous survey. >>

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